Semiconductor foundry market to grow at a CAGR of 7.74% by 2027: North America is estimated to account for 40% of the growth – Technavio

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Technavio estimates that the global semiconductor foundry market is expected to grow by USD 42,781 in the next few years.From 2022 to 2027, the number of people is expected to reach 83 million. During the forecast period, the market is expected to grow at a CAGR of 7.5%.Within the forecast period, 74% of the market is expected to grow. Additionally, the growth momentum is expected to accelerate in the near future. It is known that the global semiconductor foundry market is segmented geographically into North America, APAC, Europe, South America, and the Middle East and Africa.. A comprehensive report on the global semiconductor foundry market provides actionable insights and estimates the contribution of all regions to the growth of the market in the near future.. According to the forecast, North America will account for 40% of the growth in the global market over the next few years. The main reason for this growth can be attributed to a number of factors, such as high sales. Some of the leading semiconductor fabless companies are located in the region. As well as that, the majority of the customers on the global market are from the North American continent.. As a result of supportive government initiatives, the US is the key contributor to the revenue growth in the region's market as a whole. There are historical market data from 2017 to 2021 included in the report. As of 2017, the semiconductor foundry market was valued at USD 80,183 million.Millions of people around the world. In this report, we provide a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market in terms of post-pandemic growth. Please request a sample report if you would like to gain more insight into the market size
Please request a sample report if you would like to gain more insight into the market size
The five forces that shape the semiconductor foundry market
The five forces that shape the semiconductor foundry market
Currently, the global semiconductor foundry market is fragmented, and the five forces analysis looks at the following: 
The semiconductor foundry market - the customer landscape 
The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It provides information on adoption rates in different regions based on penetration levels. Moreover, the report also includes key purchase criteria as well as drivers of price sensitivity that can assist companies in assessing and developing their growth strategies.
Analysis of the semiconductor foundry market based on segmentation
Overview of the segments
This study by Technavio segments the market based on type (pure-play foundries and IDMs) and application (communications, PCs/desktop, consumers, automotive, and others). 
Key factors driving the growth of the semiconductor foundry market - Market dynamics
Market trends that are influencing the future of the industry 
Market growth is being hindered by a number of major challenges
In this semiconductor foundry market report, what are some of the key data points that are discussed?
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Founded in 1996, Technavio is one of the world's leading technology research and advisory firms. A major focus of their research and analysis is on emerging market trends, and they provide actionable insights that will help businesses identify market opportunities and develop effective strategies to optimize their market positions in a competitive market. The Technavio report library, which consists of over 17,000 reports and growing, covers over 800 technologies, spanning across 50 countries and is the result of over 500 specialized analysts.. A large portion of their client base is made up of enterprises of all sizes, including more than 100 Fortune 500 companies in their client list. In order to identify opportunities in existing and potential markets, and evaluate their competitive position within the context of changing market scenarios, Technavio's growing client base relies on its comprehensive coverage, extensive research, and actionable market insights to identify opportunities.
In order to identify opportunities in existing and potential markets, and evaluate their competitive position within the context of changing market scenarios, Technavio's growing client base relies on its comprehensive coverage, extensive research, and actionable market insights to identify opportunities.
The following contact information can be obtained from Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com
The source of this information is Technavio
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